Notable & Quotable

From Andrew Ferguson's "No Statistics, No Mischief: A Modest Proposal for the New Fed Chairman," about Sir John Cowperthwaite, Hong Kong's financial secretary, 1961-71, in the Jan. 27 issue of the Weekly Standard:

Cowperthwaite was a humanist in a field that had fallen victim to social science. I have no great confidence that Chairman Yellen will follow his lead—even if I advise her to do so—and banish...